PRIME METHUEN MULTIFAMILY INVESTMENT OPPORTUNITY! Discover this exceptional five-unit property ideally located near major highways, shopping, and everyday amenities. Each unit was thoughtfully renovated before tenant occupancy, featuring updated finishes, stainless steel appliances, and granite countertops. This property offers dedicated off-street parking lot for tenant convenience, while separately metered heat and electricity help support efficient ownership and operating expenses. A rare opportunity to acquire a well-positioned, income-producing asset in a desirable Methuen location. Buyer and Buyer's agent to conduct their own due diligence and verify all information associated with the property.
For sale
$1,200,000
40-40 Forest St #44, Methuen, MA 01844
11beds
5,306sqft
5+ Family - 5+ Units Up/Down
Built in 1890
-- sqft lot
$-- Zestimate®
$226/sqft
$-- HOA
What's special
Granite countertopsUpdated finishesStainless steel appliancesDedicated off-street parking lot
- 1 day
- 261
- 12
Zillow last checked:
Listing updated:
Listed by:
Pam Cail 603-401-2918,
Jill & Co. Realty Group 603-275-0487,
Pam Cail 603-401-2918
Source: MLS PIN,MLS#: 73569939
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Hot Water, Natural Gas, Unit Control, Electric, Individual, Forced Air
Cooling
- None
Appliances
- Included: Range, Microwave, Refrigerator
Features
- High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub & Shower, Remodeled, Stone/Granite/Solid Counters, Internet Available - Unknown, Living Room, Dining Room, Kitchen, Sunroom
- Flooring: Wood, Hardwood
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 5,306
- Total interior livable area: 5,306 sqft
- Finished area above ground: 5,306
- Finished area below ground: 0
Property
Parking
- Total spaces: 13
- Parking features: Paved Drive, Off Street, Assigned, Paved
- Uncovered spaces: 13
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters, Varies per Unit
Lot
- Size: 0.53 Acres
Details
- Parcel number: M:0516 B:0154 L:0004,2039964
- Zoning: RD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Methuen
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $1,080,900
- Annual tax amount: $11,241
- Date on market: 8/30/2026
- Total actual rent: 8825
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Listed for sale | $1,200,000$226/sqft |
Source: MLS PIN #73569939 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 01844
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